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Talk About HTCHTC has confirmed that it will be selling its first wearable device by the end of this year. This was revealed by chairwoman Cher Wang.

The firm says they have been working on wearable form factors for some time now, and it is almost ready to ship the product.

She confirmed that they started looking at smartwatches and wearables, believe that they really have to solve the battery problems and the LCD light problems.

The upcoming device is technically a first for HTC, but the company did work with Microsoft on a smartwatch years ago.

With its entrance into wearables, HTC is set to enter an increasingly crowded market. In addition to existing players like Fitbit, Jawbone and Pebble, several major consumer electronics makers are betting big on the wearable market later this year.

Sony, for instance, introduced a new wearable platform called SmartBand at CES last month, while Samsung is expected to announce an update to its Galaxy Gear watch at the Mobile World Congress trade show later this month. Qualcomm released a limited-production watch last year showing off various screen and power management technologies that it has developed for wearables. Apple, Google and Microsoft have also been rumored to have smartwatches in the works.

Source: TNW